GDPNow 2nd-Quarter Forecast Jumps to 4.8%, Nowcast 3.3%

The GDPNow model is back in its typical pattern of reacting to economic news in a far more volatile manner than Nowcast.

(Click on image to enlarge)

The GDPNow model is back in its typical pattern of reacting to economic news in a far more volatile manner than Nowcast.

Nowcast June 1, 2018

(Click on image to enlarge)

The GDPNow Model is back in the pattern of reacting to neww with a far greater amplitude than the Nowcast Model.

In regards to a 4.8% forecast, take the under, way under.

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